The stories that matter to professionals in the energy and technology sectors and engineers building products for African users and markets. The companies being built, the products being shipped, and the founders doing both.
Western Union is launching USDPT, a dollar-pegged stablecoin built on Solana and issued by Anchorage Digital Bank, going live in May 2026 after first announcing the project in October 2025.Initial use targets inter-agent settlements as… Read full article →
Nigeria's data protection regulator (NDPC) quietly dropped a $32.8 million fine it had imposed on Meta in February 2025 for mishandling personal data of over 60 million Nigerians, including unauthorized targeted advertising and illegal cross-border… Read full article →
Chief Judge Justice John Tsoho inaugurated the Federal High Court's e-filing platform at the Lagos Division, allowing lawyers and litigants to file cases remotely 24/7 via internet access.The system creates a full digital audit trail… Read full article →
Only 12% of Africa's 416 million internet users are on 5G networks, with 4G still carrying the majority of data traffic across the continent's five largest economies.In Nigeria, 4G's share jumped from 42.63% in May… Read full article →
The CBN's draft April 2026 guide eliminates transfer fees below ₦5,000 and reduces mid-tier fees (₦5k–₦50k) to ₦10, but reintroduces stamp duty meaning senders pay a combined ₦60 on transfers above ₦10,000, up from ₦25… Read full article →
GIG Mobility (GIGM) unveiled 'PASS By GIGM' at its 2026 Product Conference in Lagos. PASS By GIGM is a super-app combining bus tickets, flight booking, hotel reservations, vehicle hire, and curated tour packages.CEO Dr. Enahoro… Read full article →
Nigeria's Minister of Women Affairs and SEC Director-General disclosed at the 'Give-to-Gain' Summit in Abuja that over 80% of women-owned businesses operate without formal credit, despite women owning 41% of micro-businesses and representing ~23 million… Read full article →
Interswitch convened retailers, analysts, and business leaders in Lagos for its Retail Summit, themed around practical strategies for modern retail growth in Nigeria.Speakers from Lagos Business School and NIQ (Nielsen IQ) stressed that retailers need… Read full article →
Fusewall Holdings, founded by Azeez Amida, has acquired 100% of Coloplus Worldwide Service Limited to strengthen its telecom infrastructure position in Nigeria.The deal adds roughly 900 partner locations and about 20 owned infrastructure sites to… Read full article →
NGX Regulation Limited (NGX RegCo) published its X-Compliance Report on April 24, 2026, revealing N562.6 million in cumulative penalties against 32 listed companies for delayed audited and unaudited financial statement filings in the 2024/2025 financial… Read full article →
The CBN's 2026 Exposure Draft Guide to Bank Charges increases ATM card issuance and replacement fees from ₦1,000 to ₦1,500 (a 50% hike), while eliminating the ₦50 monthly naira card maintenance fee — a net… Read full article →
The Nigerian Communications Commission (NCC) inaugurated the Nigerian IPv6 Council on Thursday, bringing together government agencies, telecoms, and private companies to drive a national shift from the ageing IPv4 internet protocol to IPv6 over three… Read full article →
The IMF has cut sub-Saharan Africa's 2026 growth forecast to 4.3% — down 0.3 percentage points — as the Iran-Middle East conflict drives oil price shocks, tighter financial conditions, and capital flight from African markets.29… Read full article →
Ex-KPMG tax consultant Kelechi Ibe and ML engineer Sam Ayo launched TaxStreem in March 2026 — an AI-powered platform that reads business transactions in real time and automatically assigns correct Nigerian tax treatment, including VAT,… Read full article →
Google's March 2026 trends data shows Nigerians are using Search and AI tools as personal tutors, with AI literacy searches up 84% year-on-year and searches for AI in business hitting an all-time high.Italian up 130%,… Read full article →
Nigerian crypto platforms including Busha, Roqqu, Dantown, Luno, and Yellow Card are expanding or fully pivoting away from retail trading toward B2B payment rails, stablecoins, and complex financial products due to shrinking margins.Retail crypto trading… Read full article →
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